Showing 1 - 10 of 13,425
Persistent link: https://www.econbiz.de/10003370798
Persistent link: https://www.econbiz.de/10009424360
Persistent link: https://www.econbiz.de/10009158798
Persistent link: https://www.econbiz.de/10010532753
Persistent link: https://www.econbiz.de/10011298970
-run multipliers around 0.52 and modestly negative long-run multipliers around -0.42. The multiplier is sensitive to the fraction of …. -- Fiscal Stimulus ; New Keynesian model ; liquidity trap ; zero lower bound ; fiscal multiplier … modestly negative long-run multipliers around -0.42. The multiplier is sensitive to the fraction of transfers given to credit …
Persistent link: https://www.econbiz.de/10009129765
Persistent link: https://www.econbiz.de/10011316852
Persistent link: https://www.econbiz.de/10010529343
Abstract This paper conducts an empirical investigation of the effects of temporary versus persistent fiscal policy shocks. Using data from the US I show that short lived fiscal expansions have a positive effect on output and consumption; while persistent fiscal shocks generate negative effects...
Persistent link: https://www.econbiz.de/10009712477
Persistent link: https://www.econbiz.de/10012033578